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Vienna: BRICS vs NAFTA – The Ups and Downs in the Economic Order

Published: November 13, 2014; 17:30 · (Vindobona)

The BRICS conferenz 2014 was held at the Austrian Economic Chamber under the motto "BRICS vs NAFTA - The Ups and Downs in the Economic Order".

The BRICS conferenz 2014 was held at the Austrian Economic Chamber / Picture: © Flickr

"The BRICS decade is over, but around Brazil, Russia, India, China and South Africa, a number of other emerging markets have been established, which continue to prosper," said Richard Schenz, Vice President of the Austrian Economic Chamber (WKO), in his opening speech. "While economic growth in the industrialized countries is on average this year at around 1.7%, the GDP growth of…

This article includes a total of 341 words.

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